ORIT Crosses Below Key Moving Average Level

In trading on Wednesday, shares of Oritani Financial Corp (NASD: ORIT) crossed below their 200 day moving average of $15.75, changing hands as low as $15.65 per share. Oritani Financial Corp shares are currently trading up about 0.2% on the day. The chart below shows the one year performance of ORIT shares, versus its 200 day moving average: